The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-05-26
CONDITION OF THE MARKETS
The Wheat Clique Takes Steps to Pre-
vent a Recurrence of Tuesdays Break,
And Experience No Difficulty in Controlling
Prices-Corn Opens Weak and Fluctuates
Within Narrow Margin-Lard Dull.
MONEY, BONDS AND STOCKS.

A Dull Day for Most of the Securities, bnt
the Closing Was Generally Strong.
NEW YORK, May 25-Money on call was
easy at 4d per cent, closing offered at Il per
cent.
Prime mercantile paper. 5a 6 per cent
Sterling exchange was dull but steady at "a Sc
for sixty Gays. and 81. s7s for demand
The to,al sales of stocks to-day were 1913 825
shares, including the following: Fort Worth
& Denver, s. 100; Lake Shore. $3.50; Louisville &
Nashville. g. 400: Northwestern. 5.165: Northern
Pacific 4,523; Pacific Mail. $40; Peoria. Decatur
e. Evansville. 1850; Reading, 5000; St Paul.
11.020 Union Pacific. $500: Western Union, o.
40.
To-day was another dull and list,ess day for
most stocks, but the dealings were marked by
increased strength. and material advances were
recorded in several specialries. The trading
however. was almost purely professional, with
little or nothing doing for London outsiders.
and the fluctuations. except in a few stocks. were
confined to exceedingly narrow limits ST. Paul
e. Duluth again the most conspicuously
strong stock, and further large advance was re-
corded the circulation of the same stories which
have done duty heretofore. Peoria, Decatur g.
Evansville and the San Francisco stocks were ia
vorably affected by the handsome earn
be mentioned Evansville 81 Terre Haute.
Among the other speciaities were
Oregon Improvement and Tennessee Coal q
Iron. New England was the only really active
stock the hist. ana. while it inclined to
heavIness At first, rumors of new deal were
circulated, and it became the specially strong
stock at the close There some buying in
Western Union, but the remainder. especially
the coal stocks. were dull and featureless. There
was moderately firm opening. most stocks
showing SLIGHT advances although several were
unchanged and few a shade lower. The mar
ket was dull throughout the day. except for q
few spurts odd times. There heavy
tone in the early dealings and slight declines
were established, bur before the end of the first
hour the entire list became strong under the
lead of ST. Paul and Duluth The mar
ket was firm thereafter. until the close,
which dull and firm at
the best prices of the day Sales 198, S25 shares.
New England. "a. $50; Western Union, %, 40,
and St. Paul. 1920. With very few exceptions,
the entire active list is higher this evening the
principal advancrs being in St Paul & Duluth,
81: San Francisco preferred q; Peoria, Decatur
& Evansville. II. and New England. 1.
Railroad bonds were quiet; sales. 81. 453, 900.
Prices continued firm throughout the day. and
final changes almost invariably. in the direc-
ton of higher figures. Central Iowa. eastern
division. sixes rose 2. to 70; Evansville & Terre
Haute hrsrs 2, to l2l: Green Bay frsts. 3. to
100, and Houston q Texas seconds 2 to ILL.,
Government bonds were dull and steady to
firm.
State bonds were neglected. Closing quota
tions were: